Area Intelligence

TMN SUNGAI BAKAP PERMAI

12 properties
Double Storey Terraced
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Median Price
RM 394,000
PSF: RM 345

Residential Market

Median Price

RM 394,000

IQR: RM 171
MAD: RM 90
RM 345 PSF 7.6%

PSF Trends (2021-2025)

TMN SUNGAI BAKAP PERMAI in Seberang Perai Selatan, Penang recorded 12 Double Storey Terraced properties subsale transactions between 2021 and 2025 for double storey terraced properties, with a median price of RM 394K and a median price per square foot (PSF) of RM 345.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 394K, with most transactions falling within a stable range of RM 341K to RM 447K, and a typical market range of RM 340K to RM 550K.

Within the Double Storey Terraced category, 2 - 2 1/2 storey terraced dominated the market, with high diversity across multiple property types.

For price per square foot, the median is RM 345, with most transactions between RM 312 and RM 378. The usual range is RM 259.75 to RM 430.25, showing that most units are priced quite close to each other. With an IQR of RM 170.50 and MAD of RM 33, the PSF demonstrates reasonable consistency across the market.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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TMN SUNGAI BAKAP PERMAI, Seberang Perai Selatan, Penang

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Transactions

12 properties grouped by size

1,100 sqft
10 units (showing 6) Double Storey Terraced
RM 400,000
LRG. SG. BAKAP PERMAI 10
1,098 sqft · RM 364.00 PSF
Aug 2024
RM 420,000
LORONG SG BAKAP PERMAI 8
1,098 sqft · RM 383.00 PSF
Jun 2024
RM 420,000
LRG. SG. BAKAP PERMAI 8
1,087 sqft · RM 386.00 PSF
Feb 2024
RM 350,000
LRG. SG. BAKAP PERMAI 12
1,098 sqft · RM 319.00 PSF
Dec 2023
RM 400,000
LRG. SG. BAKAP PERMAI 8
1,098 sqft · RM 364.00 PSF
Oct 2023
RM 400,000
LRG SG BAKAP PERMAI 3
1,098 sqft · RM 364.00 PSF
Sep 2023
1,250 sqft
1 units Double Storey Terraced
RM 380,000
LRG. SG. BAKAP PERMAI 12
1,238 sqft · RM 307.00 PSF
Nov 2021
2,000 sqft
1 units Double Storey Terraced
RM 550,000
JLN. SG. BAKAP PERMAI
2,002 sqft · RM 275.00 PSF
May 2023